Government contracting mergers and acquisitions deals are on the upswing after a year and a half of slow progress. That was one of the resounding themes of the 6th Annual Government and Defense Conference, hosted by Robert W. Baird & Co., at the Ritz-Carlton, Tysons Corner on Wednesday. Baird Managing Director and Wash100 Award winner&...
The U.S. Air Force plans to increase the ceiling amount of a potential eight-year, $2.6 billion contract for global engineering and construction support services by approximately $1.8 billion. Raising the ceiling value of the Worldwide Engineering and Construction indefinite-delivery/indefinite-quantity contract to $4.4 billion will cover the remain...
KBR (NYSE: KBR) delivered a strong and well-rounded performance in Q3 2023, and its president and CEO, Stuart Bradie, described the nine percent all organic at the revenue line as a terrific performance. In the three months that ended Sept. 29, 2023, revenue increased to $1.77 billion from $1.62 billion in Q3 2022. The provider...
The U.S. Air Force plans to increase the ceiling value of a potential $6.4 billion multiple-award, indefinite-delivery/indefinite-quantity contract used to acquire natural disaster recovery, contingency and humanitarian support services to $15 billion. Increasing the ceiling amount of the Air Force Contract Augmentation Program V IDIQ contract will ...
Five companies have secured a $98 million contract modification on a potential eight-year, multiple-award contract vehicle for incidental facility construction services to the Naval Facilities Engineering Systems Command Pacific. The modification increases the ceiling value of the previously awarded indefinite-delivery/indefinite-quantity contract, ...
KBR (NYSE: KBR) posted $1.75 billion in second quarter revenue to register a year-over-year increase of 8 percent and a higher backlog under its government business for the three months ended June 30. The company said Thursday quarterly backlog in the KBR Government Solutions unit amounted to $16 billion, compared with the $11.5 billion recorded...
KBR (NYSE: KBR) will provide flight crew operations, analyst training, mission preparation and execution support to the International Space Station and future human spaceflight programs under NASA’s potential nine-year, $1.93 billion Integrated Mission Operations Contract III. Leidos (NYSE: LDOS) and Barrios Technology will serve as major subc...
The Department of Defense announced a $20 billion increase to the potential value of a contract vehicle for technology research and development services to the Department of Defense Information Analysis Center. DOD on Wednesday listed the modification awardees under its IAC Multiple-Award Contract, saying the ceiling boost brings the program’s...
The State Department has approved Kuwait’s request to continue its purchase of engineering technical and maintenance support services for C, D, E and F variants of the F/A-18 fighter aircraft from the U.S. government under a potential $1.8 billion foreign military sales agreement. Sigmatech, Kay and Associates, KBR (NYSE: KBR), L3Harris Techno...
A joint venture between KBR (NYSE: KBR) and Intuitive Machines has booked a five-year, $719 million contract to engineer systems for NASA’s Goddard Space Flight Center in Maryland. Space & Technology Solutions will develop and test new space and scientific technologies under the third iteration of the Omnibus Multidiscipline Engineering Se...
